Lunex Network Makes Waves: FTM & ARB Can’t Keep Up With Its Staking Rewards

There are many DeFi projects around, each with unique offerings and possibilities. When considering the options in the DeFi space, one can’t but mention Fantom and Arbitrum (ARB) – two decentralized trading platforms with unique wallets and investment opportunities, including staking rewards. 

However, FTM and ARB have not had the best outings lately. This is why their investors are jumping ship and turning to Lunex, a new DeFi token, as an alternative. Having raised over $1.6 million in its presale, experts tip Lunex Network to outshine Fantom and Arbitrum. Let’s find out why. 

Lunex Network Steps Up With Up to 18% APY

Lunex Network is a revolutionary DeFi project that is changing how blockchains can connect for seamless and cheap asset transfers. Since Lunex Network transfers are non-custodial, DeFi traders and liquidity providers can enjoy efficient transactions across thousands of cryptocurrencies on its multi-chain DEX. 

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Another attractive feature of the Lunex Network is its non-custodial crypto wallet. Like Arbitrum and Fantom, there’s a Lunex Wallet for users to manage their assets across 40+ blockchains. This wallet is easy to create, with no personal information or KYC required. 

Now, let’s get into the Lunex rewards system. First, token holders can earn cashback for all their transactions (asset transfers) on the network. Plus, they can stake their LNEX tokens for staking yields up to 18% APY. 

Presale holders are even at a better advantage because they can earn more money via the Lunex revenue-sharing program, offering additional passive income opportunities. These features are among the reasons Lunex is gaining massive attention among ARB and FTM traders and investors. 

The new altcoin has raised over $1.6 Million during its presale and is positioned for more traction as the presale progresses. 

The Fantom Price Experiences New Waves of Downtrends

The Fantom network has experienced good moments this year. The FTM price is up by over 170% compared to its value in early November 2023. The annual uptrend is partly due to developers and investors being interested in the token. Moreover, it offers up to 6% APY to token holders who lock up their assets for a period. 

However, recent Fantom price falls have been a cause of concern for investors. Down by over 4% in the short term, investors are worried that the bearish trend may continue.

ARB Also Down by Nearly 4% After a Change in Market Sentiment

Like FTM, the Arbitrum token has been struggling to hold on to its initial momentum in October. The ARB price has also fallen by almost 4%, causing selling pressure among token holders. There’s no certainty as to the price decline, but technical indicators suggest it’s a market correction in play. 

Despite Arbitrum staking rewards being as high as 25% APY, ARB investors are concerned their staking profits will be devalued by the falling token price. That is why they seek relatively stable investments with high staking rewards like Lunex. 

Conclusion 

DeFi is solving the interconnectivity and interoperability issues in the DeFi industry with its cheap cross-chain bridge. Its ongoing presale offers investors the opportunity to get the token at a bargain price of $0.0019 before it increases in the coming stages. 

For more on Lunex Network and its cashback offer, visit 

Website: https://lunexnetwork.com

Socials: https://linktr.ee/lunexnetwork